Settlements
Last updated
Last updated
The Zeebu protocol is purpose-built for settlements, introducing unparalleled efficiencies in payment processing costs and times. By leveraging cutting-edge blockchain technology and deep industry insights, Zeebu transforms the landscape of telecom transactions.
Zeebu's innovative approach addresses the operational deficiencies that have plagued the telecom industry. Traditional payment processing mechanisms, reliant on outdated banking systems, have failed to meet telecom companies' specific needs. Zeebu's ecosystem reduces friction in remittances, cross-border payments, invoice settlements, and payment delays. Combining blockchain with a comprehensive understanding of telecom service architecture, Zeebu offers a transformative solution for invoice settlement and transaction processing.
Zeebu's platform is meticulously designed to service the global telecom carrier industry. It offers a suite of services that simplify invoicing and transaction settlement, making processes efficient and user-friendly. The platform caters to the needs of two key players: merchants and customers. With proprietary components and strategic partnerships, Zeebu enables seamless crypto-to-fiat and fiat-to-crypto transactions, providing a unified transaction system that makes cross-border operations smoother and more transparent.
Understanding the fast-paced, operations-intensive nature of the telecom industry, Zeebu has created a bespoke and intuitive dashboard. This single-view interface allows carriers to track revenue and payables instantly, overcoming the challenges of legacy systems. The mobile-compatible dashboard ensures access to vital information and tools across devices, enabling effective business operations anytime, anywhere. Additionally, users earn rewards with every successfully settled transaction, viewable directly in their dashboard.
Zeebu offers a secure, non-custodial wallet solution, giving users complete control over their Zeebu tokens (ZBU). This decentralized approach provides the highest security, privacy, and control over stored assets. Users receive a private key for exclusive access to their ZBU tokens, ensuring complete confidence in token storage and management.
Through strategic partnerships, Zeebu enables effortless transactions between merchants and customers. The payment processor seamlessly integrates with the Zeebu wallet and dashboard, offering robust security features, automated currency conversion, and support for multiple fiat currencies and stable tokens. Transactions are processed swiftly, with settlements occurring in seconds and at a significantly lower fee than traditional systems.
Early backers of the Zeebu ecosystem play a crucial role in regulating processes and rewards. They govern reward percentages and business operations and ensure compliance with KYC/AML policies. In return, these partners receive governance rewards of up to 3% of the value of settled invoices, incentivizing their continued participation and commitment to the platform's success.
Through these innovative features and approaches, Zeebu is not just improving the existing settlement system—it's redefining it, creating a more efficient, transparent, and rewarding ecosystem for all telecom industry participants.